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Author: Anandajit Goswami
Publisher: The Energy and Resources Institute (TERI)
ISBN: 9386530090
Category : Political Science
Languages : en
Pages : 158
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Book Description
Fossil fuel subsidies have been an issue of political contention in developing countries such as India. It is believed that subsidy reduction can enhance economic efficiency and reduce government fiscal deficits. If such a subsidy reduction is complemented by prudent tax collection mechanisms, it can enhance the revenue base. However, there is also a need to target subsidies appropriately as otherwise it can impact on the revenue base of the government. Fuel Pricing in India gives a narrative on fossil fuel pricing issues, covering coal, oil, gas, and electricity. Value chain analyses of the sectors are given to show how taxes and subsidies flow in between different points of the sector. The macroeconomic modelling narrative of the study is also presented in the book. Based on the findings of each of the chapter, the book presents the possible future policy conclusions in the domain of tax- and subsidy-related reforms in India.
Author: Anandajit Goswami
Publisher: The Energy and Resources Institute (TERI)
ISBN: 9386530090
Category : Political Science
Languages : en
Pages : 158
Get Book Here
Book Description
Fossil fuel subsidies have been an issue of political contention in developing countries such as India. It is believed that subsidy reduction can enhance economic efficiency and reduce government fiscal deficits. If such a subsidy reduction is complemented by prudent tax collection mechanisms, it can enhance the revenue base. However, there is also a need to target subsidies appropriately as otherwise it can impact on the revenue base of the government. Fuel Pricing in India gives a narrative on fossil fuel pricing issues, covering coal, oil, gas, and electricity. Value chain analyses of the sectors are given to show how taxes and subsidies flow in between different points of the sector. The macroeconomic modelling narrative of the study is also presented in the book. Based on the findings of each of the chapter, the book presents the possible future policy conclusions in the domain of tax- and subsidy-related reforms in India.
Author: Hiren Sarkar
Publisher: International Labour Organization
ISBN: 9789221061052
Category : Energy policy
Languages : en
Pages : 134
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Book Description
Country case study of India.
Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Author: Rahul Anand
Publisher: International Monetary Fund
ISBN: 1484305167
Category : Business & Economics
Languages : en
Pages : 31
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Book Description
Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is the adverse welfare impact on households, in particular poor households. This paper evaluates the fiscal and welfare implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of households receiving seven times more in benefits than the poorest ten percent. Although subsidy reform would generate substantial fiscal savings, the associated increases in fuel and other prices would lower household real incomes of all income groups. Better targeting of fuel subsidies would fully protect lower income households while still generating substantial net fiscal savings. Lessons from subsidy reforms in other countries are identified and discussed.
Author: Andreas Goldthau
Publisher: John Wiley & Sons
ISBN: 1119250692
Category : Political Science
Languages : en
Pages : 578
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Book Description
This is the first handbook to provide a global policy perspective on energy, bringing together a diverse range of international energy issues in one volume. Maps the emerging field of global energy policy both for scholars and practitioners; the focus is on global issues, but it also explores the regional impact of international energy policies Accounts for the multi-faceted nature of global energy policy challenges and broadens discussions of these beyond the prevalent debates about oil supply Analyzes global energy policy challenges across the dimensions of markets, development, sustainability, and security, and identifies key global policy challenges for the future Comprises newly-commissioned research by an international team of scholars and energy policy practitioners
Author: Da Zhu
Publisher: World Bank Publications
ISBN: 1464807558
Category : Business & Economics
Languages : en
Pages : 205
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Book Description
As the country that inspires the world with ‘gross national happiness’ development philosophy, Bhutan is striving to pursue its economic growth while committing to its core values of inclusive and green development. Even with robust economic growth rates, Bhutan’s dependence on imports and hydropower revenues drives the country to search for self-reliant option to fuel the economy while further decarbonizing the economy. Electric vehicle is being explored as one of the key policies to introduce green mobility, reduce fossil fuel imports and put the country firmly on a green growth path. Globally, electric vehicles market and technology are still in the nascent stage but are developing rapidly. The automotive industry has adopted electrification as a pillar of future drive train technology. EV uptake is expected to increase significantly with ongoing improvements in technology and resulting cost decreases in the global market. This report aims to help Bhutan think through various technical and policy issues of introducing electric vehicles in its own context. It analyses a variety of factors that will impact adoption of electric vehicles from technical, market and financial feasibility to consumer awareness and stakeholders’ capacity. It also addresses several policy questions which are at the heart of public debate such as affordability of the government to undertake the program, economic costs and benefits, distributional impact, fiscal, and macroeconomic implications. Drawing from vast international experiences, the report examines in great technical details how global cutting-edge technology like electric vehicles could be pursued in the context of developing economies with different socio-economic characteristics and constraints compared to advanced economies. It will help readers better grasp the technical, financial, economic and social challenges as well as opportunities in initiating electric vehicles program and provide practical recommendations that will be useful for policy makers in designing their own EV initiative.
Author: Webb, Heather C.
Publisher: IGI Global
ISBN: 1799883485
Category : Business & Economics
Languages : en
Pages : 303
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Book Description
Historically, academicians and practitioners have developed various management methodologies and technologies to help business managers deal with challenges in their environments, yet many businesses fail. Thus, these challenges need to be researched closely to overcome business failure. Many of these challenges are external events in which firms must adapt and react. Getting the right adaptation and reaction to these external events depend on whether a firm continues a trend of success or failure. Many companies fail due to their inability to properly respond to crises, whether they be business or organizational crises. External Events and Crises That Impact Firms and Other Entities showcases the resulting impact of external events such as environmental or health crises on businesses and educational entities. It identifies the strategies businesses use to react to unexpected crises. Covering topics such as financial technology, worker support, and small and medium-sized enterprises, this premier reference source is an excellent resource for business leaders, practitioners, government officials, students and educators of higher education, libraries, researchers, and academicians.
Author: Aakar Patel
Publisher: Penguin Random House India Private Limited
ISBN: 9354927033
Category : Political Science
Languages : en
Pages : 412
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Book Description
Columnist, author and political commentator, Aakar Patel has long been a close observer of the political scenario. In Price of the Modi Years, he seeks to explain the data and facts on India's performance under Narendra Modi. Modi's predecessor, Manmohan Singh, had once said that Modi would be a disaster as prime minister. This book shows how. It concedes Modi's popularity; this is an accounting of the damage he has wrought. It is the history of India since 2014, assessing the damage across the polity from the economy, national security, federalism, foreign relations, legislations and the judiciary to media and civil society. Our memories are not long, news cycles are transient and incidents are forgotten or misclassified as being only episodic, unless documented, unified and placed together as a record. And, therefore, this book-a history of these present times.
Author: Mr.David Coady
Publisher: International Monetary Fund
ISBN: 1513576348
Category : Business & Economics
Languages : en
Pages : 25
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Book Description
Understanding who benefits from fuel price subsidies and the welfare impact of increasing fuel prices is key to designing, and gaining public support for, subsidy reform. This paper updates evidence for developing countries on the magnitude of the welfare impact of subsidy reform and its distribution across income groups, incorporating more recent studies and expanding the number of countries. These studies confirm that a very large share of benefits from price subsidies goes to high-income households, further reinforcing existing income inequalities. The results can also help to approximate the welfare impact of subsidy reform for countries where the data necessary for such an analysis is not available.
Author: Vijayalakshmi S S
Publisher: Taylor & Francis
ISBN: 1003827454
Category : Business & Economics
Languages : en
Pages : 146
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Book Description
This book explores one of the most prevailing problems of the contemporary urban world, i.e. traffic congestion and its economic, environmental, and health implications. Generally viewed as an urban menace, the problem of traffic congestion has huge economic implications, which are often overlooked by urban planners. This book examines and quantifies the costs and adverse consequences and of traffic congestion, which include emissions, loss of productive hours, fuel wastage, and the adverse effects on the health of commuters, among others. It provides a comprehensive and scientific understanding of the underlying problems of traffic gridlocks by analyzing empirical evidence from Bengaluru, a city in South India. It also offers solutions and highlights innovative measures that draw from both economic and engineering perspectives to counter and reduce the tangible and intangible costs of traffic conjestion. This book will be of interest to both academic and non-academic readers of economics, environmental economics and econometrics, transport economics, urban planning, transport geography, as well as planners and policy makers.
